Cryptocurrency Q&A Is XRP a token or coin?

Is XRP a token or coin?

IncheonBeautyBloom IncheonBeautyBloom Sun Nov 10 2024 | 7 answers 1499
I'm trying to understand whether XRP should be classified as a token or a coin. I've heard different opinions on this and would like to get a clear answer. Is XRP a token or coin?

7 answers

DigitalWarrior DigitalWarrior Tue Nov 12 2024
It is the native token of the XRP Ledger.

Was this helpful?

345
35
MysterylitRapture MysterylitRapture Tue Nov 12 2024
The XRP Ledger operates on an open-source blockchain.

Was this helpful?

45
55
Martina Martina Tue Nov 12 2024
The blockchain technology behind XRP is specifically designed to improve global financial transactions.

Was this helpful?

249
31
isabella_taylor_activist isabella_taylor_activist Tue Nov 12 2024
The primary aim of XRP and its associated blockchain is to facilitate the seamless transfer of multiple currencies.

Was this helpful?

45
93
charlotte_clark_doctor charlotte_clark_doctor Tue Nov 12 2024
XRP serves as a cryptocurrency.

Was this helpful?

381
87
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts